LodeStar’s 2024 vs. 2025 Year-Over-Year Closing Cost Report analyzes distinct mortgage quotes across all 50 states and the District of Columbia.

The national average total closing costs for a refinance mortgage transaction were $2,207. This is an average of 0.67% of the refinance loan amount.

Closing costs as a percentage of sales price hovers around 0.5% to 3%, with an average percentage of 1.04% and a median of 0.85%. Just like in 2025, Delaware leads the pack at a whopping 3.06% of the sales price.

The national average total closing costs for a refinance mortgage transaction were $2,403. This amount consists of a national average of 0.72% of the home loan amount.

The national average total closing costs for a purchase mortgage transaction were $4,661. This amount consists of a national average of 1.06% of the home sales price.

One of the things that sets LodeStar apart from other fee providers is that we employ an in-house, full-time, dedicated team of data experts to monitor fee updates.